COMMENTARY

Sunday’s news was the Doha meetings could not produce an agreement among oil producers to freeze production. Initially, Saudi Arabia’s stock market did not take the news well and this selling spread across the globe. By the time this morning rolled around here in the...

Not a surprise the market took a breather today despite a positive reaction after earnings by BAC. Volume was lower across the board. A good sign with the market mixed. Another few days of quiet, tight action would do wonders. We are still finding new longs and...

Another stellar day in this uptrend as JPM surprises the market with better than expected earnings. This uptrend has not been well-liked by market participants. The wall of worry has been quite high with fears regarding earnings as well as what low oil prices would do...

Struggling at the open stocks appeared to drift listlessly until a rumor about Saudi Arabia and Russia agreeing to a production freeze. This was all the market needed to push higher. Volume surged on the day as investors rushed into stocks. Crude ended the day up more...

Potential Longs UEPS REXX SXE CHK EGLE Potential Shorts MSRT

A solid start for today’s session dwindled into losses as buyers could not hold up the market into the close. Earnings season is upon us and expectations are very low for the first quarter. NYSE volume was higher on the session as NASDAQ volume from preliminary views...

Potential Longs WKHS CBDS EYEG Potential Shorts LEI DRWI SKYS GNCA RJETQ TRXC

Today’s market suffered quite a bit of selling and with volume coming in higher on the NASDAQ. The progress made yesterday was completely erased and now puts this market under heavy pressure. NYSE volume was lower, but the S&P 500 lost an important pivot at 2043....